CEMEX SAB DE CV CX
SPON ADR NEW · ADR · CUSIP 151290889 · ISIN US1512908898
Mexican multinational company that manufactures and distributes cement, concrete and aggregates
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.93. Options: 7 managers hold calls ($9.5m notional), 9 hold puts ($11.1m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 209 |
| Q4 2022 | 214 |
| Q1 2023 | 243 |
| Q2 2023 | 258 |
| Q3 2023 | 278 |
| Q4 2023 | 300 |
| Q1 2024 | 301 |
| Q2 2024 | 289 |
| Q3 2024 | 281 |
| Q4 2024 | 266 |
| Q1 2025 | 262 |
| Q2 2025 | 267 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 138 | 118 |
| Q4 2023 | 140 | 116 |
| Q1 2024 | 133 | 154 |
| Q2 2024 | 128 | 151 |
| Q3 2024 | 146 | 129 |
| Q4 2024 | 110 | 150 |
| Q1 2025 | 139 | 103 |
| Q2 2025 | 132 | 118 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $6.2m | $3.9m | 0.63 |
| Q4 2024 | $7.2m | $3.1m | 0.43 |
| Q1 2025 | $4.4m | $7.0m | 1.60 |
| Q2 2025 | $9.5m | $11.1m | 1.18 |
Biggest buyers
| Dodge & Cox | Added | +24.7m |
| PointState Capital LP | New | +20.0m |
| Orbis Allan Gray Ltd | Added | +12.5m |
| FMR LLC | Added | +11.4m |
| Hill City Capital, LP | New | +4.3m |
| Man Group plc | Added | +2.4m |
| BRANDES INVESTMENT PARTNERS, LP | Added | +2.3m |
| ABC ARBITRAGE SA | New | +2.2m |
| Verition Fund Management LLC | Added | +1.6m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.5m |
Biggest sellers
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -22.7m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -12.6m |
| ANTIPODES PARTNERS Ltd | Reduced | -7.2m |
| BAILLIE GIFFORD & CO | Sold out | -6.2m |
| OAKTREE CAPITAL MANAGEMENT LP | Reduced | -4.5m |
| Balyasny Asset Management L.P. | Sold out | -4.0m |
| Russell Investments Group, Ltd. | Reduced | -3.1m |
| JPMORGAN CHASE & CO | Reduced | -2.0m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -1.8m |
| MILLENNIUM MANAGEMENT LLC | Sold out | -1.5m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.7m817.9k shares |
| Caption Management, LLC | Added | $1.4m200.0k shares |
| CastleKnight Management LP | New | $1.0m150.0k shares |
| JANE STREET GROUP, LLC | New | $704.1k101.6k shares |
| PEAK6 LLC | Added | $433.8k62.6k shares |
| CITADEL ADVISORS LLC | Added | $241.9k34.9k shares |
| Walleye Trading LLC | New | $9.7k1.4k shares |
Biggest puts
| UBS Group AG | Added | $8.3m1.2m shares |
| Walleye Trading LLC | Added | $2.4m342.5k shares |
| CITADEL ADVISORS LLC | Added | $126.1k18.2k shares |
| JANE STREET GROUP, LLC | Added | $114.3k16.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $107.4k15.5k shares |
| SIMPLEX TRADING, LLC | Added | $56.0k8.1k shares |
| GROUP ONE TRADING LLC | Reduced | $36.7k5.3k shares |
| Walleye Capital LLC | New | $12.5k1.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-23 | 8.5% |
| DODGE & COX 13G · institution -1.3 pts · filed 2026-08-13 | 5.3% |
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Dodge & Cox 0.37% of their portfolio | 95.0m $658.5m | Added +24.7m |
| FMR LLC 0.03% of their portfolio | 72.3m $500.9m | Added +11.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 38.6m $267.5m | Reduced -1.0m |
| BRANDES INVESTMENT PARTNERS, LP 2.04% of their portfolio | 32.6m $226.3m | Added +2.3m |
| Orbis Allan Gray Ltd 0.89% of their portfolio | 26.3m $182.3m | Added +12.5m |
| LAZARD ASSET MANAGEMENT LLC 0.25% of their portfolio | 26.2m $181.4m | Reduced -12.6m |
| PointState Capital LP 2.96% of their portfolio | 20.0m $138.4m | New |
| OAKTREE CAPITAL MANAGEMENT LP 2.04% of their portfolio | 14.8m $102.8m | Reduced -4.5m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 11.7m $81.0m | Added +679.3k |
| Perpetual Ltd 0.74% of their portfolio | 9.1m $63.3m | Reduced -157.0k |
| Robeco Institutional Asset Management B.V. 0.08% of their portfolio | 6.7m $46.6m | Added +332.9k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 6.3m $43.8m | Added +161.4k |
| Marathon Asset Management Ltd 1.35% of their portfolio | 6.1m $42.2m | Reduced -706.8k |
| ANTIPODES PARTNERS Ltd 1.29% of their portfolio | 6.0m $41.7m | Reduced -7.2m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 5.9m $41.0m | Reduced -1.3m |
| MORGAN STANLEY 0.00% of their portfolio | 5.7m $39.8m | Added +1.4m |
| Hosking Partners LLP 1.37% of their portfolio | 5.0m $34.4m | Reduced -110.8k |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 4.9m $33.8m | Reduced -291.3k |
| STRS OHIO 0.13% of their portfolio | 4.8m $33.5m | Unchanged |
| Hill City Capital, LP 1.59% of their portfolio | 4.3m $29.5m | New |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 4.0m $27.7m | Added +352.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 4.0m $27.7m | Added +87.8k |
| LETKO, BROSSEAU & ASSOCIATES INC 0.49% of their portfolio | 3.7m $25.9m | Added +15.9k |
| IPG Investment Advisors LLC 4.85% of their portfolio | 3.6m $24.8m | Added +142.7k |
| Verition Fund Management LLC 0.14% of their portfolio | 3.5m $24.1m | Added +1.6m |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 1.86% of their portfolio | 3.4m $23.7m | Reduced -71.5k |
| Man Group plc 0.05% of their portfolio | 3.3m $23.0m | Added +2.4m |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 3.2m $22.4m | Added +742.7k |
| UBS Group AG 0.00% of their portfolio | 3.2m $21.9m | Added +372.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio | 3.1m $21.6m | Reduced -22.7m |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 3.1m $21.2m | Added +1.5m |
| PANAGORA ASSET MANAGEMENT INC 0.09% of their portfolio | 2.8m $19.8m | Added +943.2k |
| Amundi 0.01% of their portfolio | 2.7m $19.4m | Reduced -80.5k |
| BlackRock, Inc. 0.00% of their portfolio | 2.6m $18.2m | Reduced -71.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.4m $17.0m | Reduced -2.0m |
| ABC ARBITRAGE SA 1.77% of their portfolio | 2.2m $15.5m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.2m $14.9m | Added +1.4m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.1m $14.6m | Added +726.3k |
| Capital International Investors 0.00% of their portfolio | 2.0m $14.2m | Added +7.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $11.8m | Reduced -83.7k |
| STATE STREET CORP 0.00% of their portfolio | 1.5m $10.5m | Reduced -64.3k |
| CastleKnight Management LP 0.69% of their portfolio | 1.5m $10.4m | Added +83.3k |
| MMBG INVESTMENT ADVISORS CO. 0.99% of their portfolio | 1.4m $10.0m | Added +52.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.4m $9.9m | Added +184.6k |
| Rockefeller Capital Management L.P. 0.01% of their portfolio | 1.2m $8.6m | Added +623.1k |
| Schonfeld Strategic Advisors LLC 0.06% of their portfolio | 1.1m $7.7m | Reduced -231.0k |
| DEPRINCE RACE & ZOLLO INC 0.16% of their portfolio | 1.1m $7.7m | Added +147.1k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 1.1m $7.5m | Reduced -3.1m |
| HighTower Advisors, LLC 0.01% of their portfolio | 1.0m $7.0m | Added +257.4k |
| Ramirez Asset Management, Inc. 1.05% of their portfolio | 997.4k $6.9m | Added +16.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio | 961.4k $6.7m | Reduced -1.1m |
| SEI INVESTMENTS CO 0.01% of their portfolio | 944.1k $6.5m | Reduced -945.3k |
| South Dakota Investment Council 0.12% of their portfolio | 928.4k $6.4m | Reduced -50.5k |
| Advisors Asset Management, Inc. 0.10% of their portfolio | 813.8k $5.6m | Added +70.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 765.8k $5.3m | Reduced -6.9k |
| ICON ADVISERS INC/CO 1.21% of their portfolio | 764.2k $5.3m | Reduced -135.8k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio | 710.9k $4.9m | Reduced -14.4k |
| Oldfield Partners LLP 1.69% of their portfolio | 710.0k $4.9m | Reduced -176.1k |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 699.0k $4.8m | Reduced -42.4k |
| Legal & General Group Plc 0.00% of their portfolio | 682.1k $4.7m | Unchanged |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio | 664.9k $4.6m | Added +246.8k |
| Boston Partners 0.01% of their portfolio | 656.8k $4.6m | Reduced -477.4k |
| MOORE CAPITAL MANAGEMENT, LP 0.09% of their portfolio | 621.1k $4.3m | New |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 553.9k $3.8m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 501.0k $3.5m | Added +127.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 485.8k $3.4m | Unchanged |
| Aquatic Capital Management LLC 0.06% of their portfolio | 461.5k $3.2m | Added +170.9k |
| Walleye Capital LLC 0.03% of their portfolio | 451.3k $3.1m | Reduced -966.5k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 446.9k $3.1m | Reduced -596.9k |
| Lesa Sroufe & Co 2.37% of their portfolio | 371.9k $2.6m | Added +6.9k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 355.7k $2.5m | Reduced -5.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 340.2k $2.4m | Added +195.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 318.6k $2.2m | Reduced -3.1k |
| JTC Employer Solutions Trustee Ltd 0.20% of their portfolio | 302.0k $2.1m | Reduced -100.0k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.06% of their portfolio | 299.9k $2.1m | Not comparable |
| ABS Direct Equity Fund LLC 3.19% of their portfolio | 289.9k $2.0m | Reduced -265.4k |
| HANTZ FINANCIAL SERVICES, INC. 0.03% of their portfolio | 268.7k $1.9m | Added +13.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 239.5k $1.7m | Reduced -60.7k |
| RITHOLTZ WEALTH MANAGEMENT 0.04% of their portfolio | 233.1k $1.6m | Added +70.5k |
| LPL Financial LLC 0.00% of their portfolio | 230.4k $1.6m | Added +34.8k |
| Squarepoint Ops LLC 0.00% of their portfolio | 190.7k $1.3m | New |
| Calamos Advisors LLC 0.01% of their portfolio | 184.7k $1.3m | Unchanged |
| Corient Private Wealth LP 0.00% of their portfolio | 183.6k $1.3m | Reduced -4.2k |
| XTX Topco Ltd 0.05% of their portfolio | 170.9k $1.2m | New |
| GFS Advisors, LLC 0.16% of their portfolio | 166.4k $1.2m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 165.5k $1.1m | Reduced -1.8m |
| Walleye Trading LLC 0.03% of their portfolio | 163.7k $1.1m | Added +33.7k |
| Generali Investments CEE, investicni spolecnost, a.s. 0.09% of their portfolio | 159.2k $1.1m | Unchanged |
| Crossmark Global Holdings, Inc. 0.02% of their portfolio | 139.5k $966.8k | Reduced -7 |
| Vident Advisory, LLC 0.01% of their portfolio | 131.2k $909.0k | Added +12.1k |
| BARCLAYS PLC 0.00% of their portfolio | 128.5k $890.4k | Added +117.1k |
| Harbour Capital Advisors, LLC 0.19% of their portfolio | 123.4k $885.0k | Reduced -160 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 121.0k $838.4k | Added +71.0k |
| Creative Planning 0.00% of their portfolio | 115.2k $798.0k | Reduced -91.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.02% of their portfolio | 108.6k $752.7k | New |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 106.0k $734.4k | Reduced -200.0k |
| Provida Pension Fund Administrator 0.01% of their portfolio | 100.6k $697.2k | Unchanged |
| Wealthspire Advisors, LLC 0.00% of their portfolio | 92.4k $640.3k | Added +603 |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 88.2k $611.0k | Added +37.7k |
| Legacy Wealth Asset Management, LLC 0.14% of their portfolio | 79.8k $553.0k | Added +1.8k |